Centric Wealth Management acquired a new stake in Oppenheimer S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) during the first quarter, HoldingsChannel.com reports. The fund acquired 5,386 shares of the company’s stock, valued at approximately $204,000.

Several other institutional investors have also added to or reduced their stakes in RDIV. Morgan Stanley lifted its position in Oppenheimer S&P Ultra Dividend Revenue ETF by 145.8% in the 3rd quarter. Morgan Stanley now owns 2,700,725 shares of the company’s stock valued at $104,140,000 after acquiring an additional 1,601,838 shares in the last quarter. Bank of America Corp DE grew its holdings in Oppenheimer S&P Ultra Dividend Revenue ETF by 113.1% during the fourth quarter. Bank of America Corp DE now owns 2,177,692 shares of the company’s stock worth $72,909,000 after buying an additional 1,155,574 shares in the last quarter. LPL Financial LLC raised its position in Oppenheimer S&P Ultra Dividend Revenue ETF by 41.6% in the 4th quarter. LPL Financial LLC now owns 680,360 shares of the company’s stock valued at $22,778,000 after buying an additional 199,715 shares during the last quarter. New England Investment & Retirement Group Inc. purchased a new stake in Oppenheimer S&P Ultra Dividend Revenue ETF in the 4th quarter valued at $5,496,000. Finally, Janney Montgomery Scott LLC raised its position in Oppenheimer S&P Ultra Dividend Revenue ETF by 104.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 285,742 shares of the company’s stock valued at $9,567,000 after buying an additional 146,246 shares during the last quarter.

Shares of NYSEARCA RDIV traded down $0.28 during midday trading on Tuesday, reaching $38.52. The company’s stock had a trading volume of 295,022 shares, compared to its average volume of 345,974. Oppenheimer S&P Ultra Dividend Revenue ETF has a 12-month low of $31.73 and a 12-month high of $39.93.

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Wednesday, March 20th were given a dividend of $0.2711 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date of this dividend was Tuesday, March 19th.

WARNING: This piece of content was first reported by Watch List News and is the sole property of of Watch List News. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of international trademark and copyright laws. The legal version of this piece of content can be accessed at https://www.watchlistnews.com/centric-wealth-management-takes-204000-position-in-oppenheimer-sp-ultra-dividend-revenue-etf-rdiv/2951445.html.

See Also: What is Liquidity?

Want to see what other hedge funds are holding RDIV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oppenheimer S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV).

Institutional Ownership by Quarter for Oppenheimer S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV)

Receive News & Ratings for Oppenheimer S&P Ultra Dividend Revenue ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oppenheimer S&P Ultra Dividend Revenue ETF and related companies with MarketBeat.com's FREE daily email newsletter.